Retirement plan

COLECTIVO COFFEE ROASTERS, INC. RETIREMENT PLAN

Name: COLECTIVO COFFEE ROASTERS, INC. - COLECTIVO COFFEE ROASTERS, INC. RETIREMENT PLAN (2020) Form 5500
Creator: COLECTIVO COFFEE ROASTERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLECTIVO COFFEE ROASTERS, INC. RETIREMENT PLAN, COLECTIVO COFFEE ROASTERS, INC.

COLECTIVO COFFEE ROASTERS, INC.EIN 39-1779155Plan #001PY 2020

2999 N. HUMBOLDT BLVD. - MILWAUKEE, WI 532122631414-273-3747LinkedIn1-10 employeesrestaurants

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$9.8M

+22.8% from 2019

Total participants

315

+3.6% from 2019

Average account balance

$65,289

+23.6% from 2019

Annual return

16.39%

-6.85 pp from 2019

Benchmarks

See 690 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort690 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$10.86M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$74K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

146

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

40.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$709K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.86%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$382

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
SVA PLUMB FINANCIAL3 years Service code 26 1221 JOHN Q HAMMONS DRIVE · MADISON, WI 53717	Advisory (Participants)	$20,388

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$28K

$109 / participant

Investment mgmt$20K73.0%
Contract admin$4K13.2%
Other / not subdivided$4K13.8%

% of EOY assets

0.285%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: VRAKAS S.C.
Auditor EIN: 391453055
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,289

$29,369+122.3%

$77,552-15.8%

$73,412-11.1%

Participation rate

35.5%

37.9%-2.4pp

54.2%-18.6pp

72.2%-36.6pp

Annual return

16.39%

358.15%-341.8pp

54.82%-38.4pp

59.30%-42.9pp

Employer contribution / active EE

$717

$406+76.6%

$987-27.4%

$2,234-67.9%

Participant deferral / active EE

$1,896

$941+101.5%

$1,861+1.9%

$3,806-50.2%

Admin fee / account holder

$186

$123+51.7%

$2,859-93.5%

$158+17.9%

Provider

Service type

Compensation

SVA PLUMB FINANCIAL3 years

Service code 26

1221 JOHN Q HAMMONS DRIVE · MADISON, WI 53717

Advisory (Participants)

$20,388

COLECTIVO COFFEE ROASTERS, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLECTIVO COFFEE ROASTERS, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion